Crackout Ebayer....

IndianHeadMan · December 3, 2003 12:53AM

kieferscoins · December 3, 2003 1:22AM

<< It s not in the original PCGS folder because it was cracked open to see if it would re-grade higher. >>

I would assume it did not grade higher.

Cameron Kiefer

jom · December 3, 2003 1:24AM

Is there something wrong with this? The person doesn't want to spend the money to regrade? So what? If anyone is interested in the COIN they'll simply pay the AU price. The coin IS worth something, right?

jom

kieferscoins · December 3, 2003 1:27AM

<< The person doesn't want to spend the money to regrade? So what? >>

The comment sounds like he tried to re-grade it to me. Yes of course the coin is worth something Jom.

Cameron Kiefer

dougwtx · December 3, 2003 1:29AM

This might be a dumb question, but how would one know if thats the actual coin he cracked out. I often break slabs to put lower priced coins in albums and I keep the labels. When I go to sell I let the buyer see the label, but I guess one needs to know how to grade to begin with. I could just imagine a dishonest person getting labels and swapping coins....

jom · December 3, 2003 1:31AM

Well, Cameron, I'm sure he did. So what? OR it could just be a ruse making a potential buyer "think" it might be worth more? I dunno....

<< This might be a dumb question, but how would one know if thats the actual coin he cracked out. >>

You don't. You have to treat it as a RAW coin...obviously, since it is.

Bid accordingly if you like it...

jom

skate4357 · December 3, 2003 1:41AM

It looks like this person cracked it out Dipped or cleaned it and it came back in a body bag. Any one that has cracked a coin out and now is selling it must of screwed up the coin.

kieferscoins · December 3, 2003 1:43AM

That is not a PCGS bodybag. It's a PCGS insert inside a flip.

Cameron Kiefer

Russ · December 3, 2003 1:52AM

Probably got bodybagged upon resubmission. Otherwise, why crack it out again and sell it raw?

Russ, NCNE

dorkkarl · December 3, 2003 1:55AM

at a grade of au-58, & buying sight-unseen, why does any of this matter???

K S

jom · December 3, 2003 2:00AM

<< It looks like this person cracked it out Dipped or cleaned it and it came back in a body bag. >>

You can tell this HOW exactly? By the phases of the moon?

<< Otherwise, why crack it out again and sell it raw? >>

Uh...because he wants to sell the coin?

Appearently, the coin will go for $100. So is the coin worth $100 to someone? I dunno, maybe. If I were interested I'd ask the seller if he has a return policy. If not I don't bid. Period.

BTW, even if the coin WERE slabbed I still wouldn't bid if they didn't have a return policy. The fact that the coin is raw is irrelevant.

jom

Veridicus · December 3, 2003 2:09AM

I wouldn't call this guy a "crackout artist". crackout artist implies that someone buys an ms63, cracks it out and sells it raw as an ms64. What this guy's doing isn't a problem.

baccaruda · December 3, 2003 2:10AM

jom,

You should know by now that a coin only has value if there is $30 worth of PCGS plastic wrapped around it.

Raw coins are for scammers, lowlifes, and overgraders.

baccaruda · December 3, 2003 2:13AM

I think the seller is honest, and selective in his statements. He doesn't tell you what the coin came back as. If the coin came back as an AU58 then why not sell it that way?

Russ · December 3, 2003 2:15AM

<< << Otherwise, why crack it out again and sell it raw? >>

Uh...because he wants to sell the coin? >>

That makes sense, since it's certainly necessary to go to the trouble to crack it out again after the regrade in order to sell it. He's also sure to realize a lot more money for it raw.

Russ, NCNE

sinin1 · December 3, 2003 2:19AM

is there much difference in value for that coin in PCGS AU55 or "raw AU58 with insert"?

jom · December 3, 2003 2:21AM

Again, this is NO different than ANY coin, regardless of slab, on Ebay. You are buying sight-unseen unless you get a return policy.

The fact this auction is even an issue just shows what a strangehold the grading services have on the hobby. Too bad....

jom

techeff · December 3, 2003 2:26AM

I thought that was PCGS' new slab, designed to improve turnaround times...

Russ · December 3, 2003 2:30AM

<< Again, this is NO different than ANY coin, regardless of slab, on Ebay. You are buying sight-unseen unless you get a return policy. >>

Jom,

No argument on that but, at least for me, that's not the issue here. For me, it's curiousity. I'd like to know what actually happened on resubmission and, strangely, that information is absent from the auction. If the coin regraded anywhere near it's original grade, it would bring more money left in the holder. So, why is it being sold raw?

Russ, NCNE

jom · December 3, 2003 5:15AM

A lot of things could have happened but regardless all you really have to do is email the seller and ask. Also ask for a return policy. If he lies you'll know once you see the coin. If no return policy NO bid. Simple.

What really bugs me are these endless threads here ripping on Ebay sellers. This one wasn't so bad but the IMPLICATION that something is fraudulent is there nonetheless. I just think people should not make such a big deal about these things. We are not here just to save the world from crooks are we?

jom

my3cents · December 3, 2003 5:24AM

this one looks a lot more "AU-58" to me

DCAMFranklin · December 3, 2003 7:02AM

jom- You expect the use of common sense? As for your question, yes there are those who use the majority of their posts for that specific purpose.

SeattleSlammer · December 3, 2003 8:05AM

I have to agree that people seem to be jumping to conclusions. One coin does not make a "crackout artist"...but then, I've always thought that "crackout artist" was a bit of a negative term, while others might argue that it's actually a compliment.

This seller has perfect feedback. The BIN price is fair for an AU coin.

Crackout Ebayer....

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